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USD/JPY Discussion

  • #61,101
  • Aug 17, 2016 9:08pm Aug 17, 2016 9:08pm
Quoting frx_trader
Not quite sure why JPY is attractive.
Europe is sleeping ?
It takes a lot for me to IGNORE you, but you can try.
  • #61,102
  • Aug 17, 2016 9:18pm Aug 17, 2016 9:18pm
hi
as we both agree, 100 level of uj is a major key
all will support this level, it is a very strong support
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #61,103
  • Aug 17, 2016 9:21pm Aug 17, 2016 9:21pm
Quoting PatienceFx
waiting for a break {image}
alright long taken 100.49 tp
  • #61,104
  • Aug 17, 2016 9:31pm Aug 17, 2016 9:31pm
Quoting PatienceFx
{quote} alright long taken 100.49 tp
Thanks Mate.
Will try 100.49 TP
  • #61,105
  • Aug 17, 2016 9:32pm Aug 17, 2016 9:32pm
tyhis is good ; just take 1 good trade7 and relax ; no need to bother where the market CAN go ; just trade where the market IS going
  • #61,106
  • Aug 17, 2016 9:58pm Aug 17, 2016 9:58pm
Quoting PatienceFx
{quote} alright long taken 100.49 tp
sl at be 99.995 time to zzzzzzz
Attached Image
  • #61,107
  • Aug 17, 2016 10:22pm Aug 17, 2016 10:22pm
The pair’s inability to see a daily close below the level has shown how significant it is.

Price seems to be bouncing as expected after poking its head through the level during the Asian session.

A break is most likely to see things get messy quickly again. The USD/JPY market isn’t exactly renowned for its rationality!
Attached Image (click to enlarge)
Click to Enlarge Name: 160818_usdjpy_4hourly-1.png Size: 34 KB
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  • #61,108
  • Aug 17, 2016 10:39pm Aug 17, 2016 10:39pm
Quoting PatienceFx
{quote} alright long taken 100.49 tp
why? Daily/weekly Looks downtrend to me
  • #61,109
  • Aug 17, 2016 10:47pm Aug 17, 2016 10:47pm
Quoting PatienceFx
{quote} sl at be 99.995 time to zzzzzzz {image}
sl hit i am out 0
  • #61,110
  • Aug 17, 2016 10:55pm Aug 17, 2016 10:55pm
Quoting charron
{quote} why? Daily/weekly Looks downtrend to me
i am a one night stand trader
  • #61,111
  • Aug 18, 2016 12:01am Aug 18, 2016 12:01am
The dollar carnage continues, general dollar weakness alone is sufficient to take this down below 99.
"Where you want to be is always in control, never wishing, always trading.
  • #61,112
  • Aug 18, 2016 12:04am Aug 18, 2016 12:04am
Attached Image
  • #61,113
  • Aug 18, 2016 1:12am Aug 18, 2016 1:12am
Quoting PatienceFx
{image}
rotten -10
  • #61,114
  • Aug 18, 2016 1:13am Aug 18, 2016 1:13am
Quoting PatienceFx
{quote} rotten -10
why would you sell there?
  • #61,115
  • Aug 18, 2016 1:23am Aug 18, 2016 1:23am
Quoting Don96
{quote} why would you sell there?
i made 3 sell stop orders in case the support 100 is being eaten by hungry traders
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #61,116
  • Aug 18, 2016 1:25am Aug 18, 2016 1:25am
Quoting Samer1970
{quote} i made 3 sell stop orders in case the support 100 is being eaten by hungry traders
there is a strong support below 100... 99.8/6 and 99.4... just because its the number 100 it shouldn't play on peoples mind that there may be a massive break...

im not saying there won't be one, just wait for it to happen if it does...
  • #61,117
  • Aug 18, 2016 1:33am Aug 18, 2016 1:33am
Quoting Don96
some levels I'm waiting for, perhaps shouldn't have closed my longs from yesterday... they were in good positions for couple hundred pips green box at top is minimal target... blue lines are st positions for longs.... green lines still stand from last posts... they offer best RR {image}
99.60 missed by 3. could've got one at 99.69 but was asleep, i don't usually use pending orders that often
  • #61,118
  • Aug 18, 2016 2:01am Aug 18, 2016 2:01am
three times the support 100 is broken the it become a resistance
this 100 level is a very strong support
i love it

b4 few days back, yesterday and today not broken

good 100 japan
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #61,119
  • Aug 18, 2016 2:07am Aug 18, 2016 2:07am
the tug of war will continue at this 100 level
  • #61,120
  • Aug 18, 2016 2:13am Aug 18, 2016 2:13am
nice bounce
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